3504 Fairmount Blvd NE

Canton, OH 44705
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3 bd, 1 ba | 1,152 sqft | Built in 1921

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List Price
$64,900

Initial Investment

$20,044

Purchase Price

$63,500

Down Payment

25%

Rent

$845

Total Return

$21,408

Annualized Return

17.2%

Cap Rate

8.3%

Gross Yield

16.0%

Cash Flow

$1,271

Appreciation

4.9%
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Features

Occupancy

Occupied

Lease Start

09/01/2019

Lease End

09/01/2020

Lot Size

9,246

HOA

None

Flood Risk

Not Required

  • Seller to provide credit towards AC as a contingency of closing, with a qualified offer

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Annual Financial Highlights

Expected Rent

$9,633

Expenses

-$3,210

Property Taxes

-$1,700

Loan Payments

-$3,452

Net Cash Flow

$1,271

See more in Financials

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